Results – Page 61
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NewsMorrisons' seventh quarter of growth fails to impress City
As Morrisons found this week, the trouble with over-achieving is that it builds expectations
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NewsWaitrose profits hit by Brexit and store renovation costs
Waitrose sales rose 2.2% to £3.1bn, with like-for-like growth of 0.7%
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NewsMorrisons' seventh quarter of growth: what the analysts say
Industry commentators continue to be impressed by CEO David Potts’ turnaround of the retailer
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NewsMcBride bounces back from bruising price war
Own-label supplier McBride was an early victim of the supermarket price wars as heavy branded discounting squeezed sales, but the household goods supplier appears on the way back.
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NewsTyphoo faces second year of decline in flagging black tea
Typhoo and PG Tips both suffered delistings in the past year at Tesco
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NewsFarmfoods' pre-tax profits halve as sales drop by £25m
Pre-tax profits at frozen foods supermarket Farmfoods more have halved in 2016
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NewsGrowth slows as dairy and meat hikes pile pressure on Higgidy
The business warned margins were under pressure in the new financial year
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NewsMcCormick UK profit slumps due to weak pound and writedown
It incurred interest charges of £3.7m and an investment impairment of £2m
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NewsWeak pound pushes down Duerr's profits
Profits have slid almost 20% at conserve maker Duerr’s as the weak pound and low sector growth hit the business
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NewsMolson Coors outperforms UK beer market
Carling brewer Molson Coors has outperformed the UK beer market after growing domestic sales 3.1% to £1.35bn last year
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NewsBirds Eye owner Nomad slows decline in UK as prices increases lift sales
Birds Eye and Findus owner Nomad Foods recorded organic growth for the second quarter in a row as the group pushed through price increases
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NewsGreencore shares tumble as it tries to reassure the City
Shares in Greencore have slumped by almost 9% today after the sandwich maker tried to reassure investors over the continued fall in value of the stock during 2017.
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NewsThe Kay Group profits fall as tobacco and petrol gets tougher
Kay warned he did not expect to see an uplift in performance in next year’s results
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NewsTesco £85m investor compensation scheme opens
The scheme, agreed by the supermarket with the Financial Conduct Authority (FCA) in March this year, will cost Tesco an estimated £85m
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NewsCastle Dairies returns to double-digit growth
Welsh butter producer returns to double-digit growth as investment in its factory pays off and exports to Europe rise
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NewsAsda Q2 results: what the analysts say
How have the experts responded to the first sales increase since 2014?
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NewsAsda posts first sales growth since 2014
Second quarter sales were up 1.8%, fuelled by a successful Easter trading period
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NewsCarlsberg sees soaring sales for non-alcoholic & craft beers
Volumes across the brewer’s craft portfolio were up 25% over H1 2017
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NewsYoung’s Seafood third quarter sales rise on contract wins
Young’s Seafood delivered double-digit third quarter sales growth after winning new contracts and growing sales in both frozen and chilled goods.
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NewsCity snapshot: Price rises drive Carlsberg's 2% first half sales growth
Carlsberg has reported a 2% rise in first half organic sales despite a fall in beer volumes as higher prices supported its overall sales. Plus the pound slides to close to an eight year low against the euro after yesterday’s CPI figures and all the latest news from the City.